Voltas – Assistant Manager – Treasury Voltas

The Corporate Institute; Mumbai; On-site; INR 1,000,000 - 1,600,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking a treasury professional to oversee cash flow and liquidity management, investment and borrowing portfolio management, FX risk management, and commodity hedging. You will collaborate with bankers, fintech partners, and internal teams to optimize funds, ensure controls, and support audits.

Responsibilities include monitoring liquidity, preparing MIS, and coordinating treasury operations with banks and advisors.

Responsibilities

• Manage day-to-day cash flows to ensure timely vendor payments and optimal fund utilization.
• Monitor liquidity positions and maintain adequate cash balances across accounts.
• Discussion with banker and fintech on various borrowing proposal and prepare comparative analysis for discussion with Treasury lead.
• Exposure various trade finance option including but not limited to bill discounting, vendor financing, SBLC, CP etc.
• Manage and optimize the companys investment portfolio to ensure maximum returns.
• Evaluate various short-term and long-term investment opportunities in line with company policies.
• Monitor and manage foreign exchange exposures across the business.
• Execute and track hedging strategies to mitigate currency risks.
• Prepare weekly MIS for hedge and unhedged exposure.
• Support Treasury lean in Analysing commodity price exposures and evaluate appropriate hedging strategies.
• Support business teams with insights on cost optimization through hedging mechanisms.
• Prepare MIS for commodity hedging.
• Ensure adherence to treasury policies and internal controls.
• Coordinate with banks and financial institutions for treasury-related transactions.
• Collaborate with internal teams (Finance, Procurement, Business Units) for cash planning and exposures.
• Engage with banks, financial institutions, and advisors for treasury operations.
• Preparation of Statutory audit schedules of all treasury operations.
• Discussion and Resolution of statutory auditor.
• Provide data to Internal auditor and discuss the observation if any.

Job description

1. Cash Flow & Liquidity Management:

• Manage day-to-day cash flows to ensure timely vendor payments and optimal fund utilization.
• Monitor liquidity positions and maintain adequate cash balances across accounts.

2. Investment & Borrowing Portfolio Management:

• Discussion with banker and fintech on various borrowing proposal and prepare comparative analysis for discussion with Treasury lead.
• Exposure various trade finance option including but not limited to bill discounting, vendor financing, SBLC, CP etc.
• Manage and optimize the companys investment portfolio to ensure maximum returns.
• Evaluate various short-term and long-term investment opportunities in line with company policies.

3. Foreign Exchange (FX) Risk Management:

• Monitor and manage foreign exchange exposures across the business.
• Execute and track hedging strategies to mitigate currency risks.
• Prepare weekly MIS for hedge and unhedged exposure.

4. Commodity Hedging Evaluation:

• Support Treasury lean in Analysing commodity price exposures and evaluate appropriate hedging strategies.
• Support business teams with insights on cost optimization through hedging mechanisms.
• Prepare MIS for commodity hedging.

5. Treasury Operations & Controls:

• Ensure adherence to treasury policies and internal controls.
• Coordinate with banks and financial institutions for treasury-related transactions.

6. Stakeholder Management:

• Collaborate with internal teams (Finance, Procurement, Business Units) for cash planning and exposures.
• Engage with banks, financial institutions, and advisors for treasury operations.

7. Statutory Audit:

• Preparation of Statutory audit schedules of all treasury operations.
• Discussion and Resolution of statutory auditor.
• Provide data to Internal auditor and discuss the observation if any.